There was one Group 1 race this season where the jockey dropped his hands and almost got beat. A Great Australian horse ridden by an Australian. So even Australians so used to having draconian laws in their country – can ease up prematurely. You’d have thought his mind was "focus"ed that day.
This will happen again no matter what the punishment. The question is: Is there something the BHA can do to dull the pain of the punter?
If it’s the race I’m thinking of is it more than a coincidence it took place in this country?
As usual Gingertipster you seriously underestimate the intelligence of some of the people running racing in this country.
You think handicappers such as Phil Smith are incapable of taking into account when winners are prematurely eased and you also consider stewards incapable of differentiating when a horse needs to be ridden like Character Building or is too weary to be ridden out.
Which was the last horse to lose a race it should have won because the jockey failed to ride it out because it was too weary? 
As for punters, KenH covered it perfectly in an earlier post,
"When you place a bet you are doing it on the full package. Part of that package, is that the jockey may cock up. You take that into account when placing your bet. If you can’t handle that then you shouldn’t bet".